Northern Bank & Trust Charitable Foundation Inc
Northern Bank & Trust Charitable Foundation Inc is a private foundation based in Woburn, Massachusetts. Its 2024 filing identifies affordable housing and shelter, ending hunger, community development, and financial literacy as grantmaking areas.
Northern Bank & Trust Charitable Foundation Inc at a glance
In short: Northern Bank & Trust Charitable Foundation Inc gave $971K across 64 grants in 2025 (avg $15K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $970,500
- +16.9% vs 2024
- Grants made (2025)
- 64
- +42.2% vs 2024
- Average grant
- $15,164
- -17.8% vs 2024
- Median grant
- $10,000
- Total assets
- $626,131
- +44.1% vs 2024
- Primary geography
- Massachusetts (99% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Northern Bank & Trust Charitable Foundation Inc
- How to Apply
-
The foundation’s filing says proposals must be submitted online through its Charitable Grant Application Portal. Applicants should provide information about their organization, a detailed project description and timeline, information on other potential project funding, and the proposal’s community impact. Its application policy says it does not restrict giving to preselected organizations. Applicants must be 501(c)(3) organizations in good standing and should serve Middlesex County, Massachusetts. The foundation considers proposals for more than $2,500.
- Review Cycle
- Quarterly.
- Deadline
- Quarterly.
- Contact
Application contact: Northern Bank And Trust Charitable
Mailing address: 275 Mishawum Road, Woburn, MA 01801
Phone: (781) 569-5400
Email: businesssupport@nbtc.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Northern Bank & Trust Charitable Foundation Inc
Who Northern Bank & Trust Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Heading Home Inc ($250K). Together the top 10 received $580K.
Organizations only. It also paid 1 individual scholarship ($5,000), which are not listed by name.
Grant Size Distribution
188 grants across all recorded years
The most common grant size was under $50K: 178 grants of 188 (95%).
Geographic Focus
Where this funder awards grants
The foundation’s filing says applicants should serve Middlesex County, Massachusetts. In filing year 2025, 99% of grant dollars went to recipients in Massachusetts and 1% to recipients in New York.
Grant Distribution by State
Share of 2025 grant dollars across all 64 itemized grants.
Cities
How Northern Bank & Trust Charitable Foundation Inc gives
- 46% of 2025 grantees were also funded in 2024. Method
- Giving grew 104% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $265K (2021) to $971K (2025). In 2025 it made 64 grants totaling $971K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Heading Home Inc Boston, MA | General Operating Support | $250,000 |
| Nashoba Learning Group Bedford, MA | General Operating Support | $90,000 |
| Boys and Girls Clubs of Woburn Woburn, MA | General Operating Support | $60,000 |
| Dunkin Joy in Childhood Foundation Canton, MA | General Operating Support | $40,000 |
| Boys and Girls Clubs of Grtr Lowell Lowell, MA | General Operating Support | $30,000 |
| Merrimack Valley Housing Partnership Inc Lowell, MA | General Operating Support | $30,000 |
| National Brain Tumor Society Newton, MA | General Operating Support | $25,000 |
| Cradles to Crayons Newton, MA | General Operating Support | $20,000 |
| Junior Achievement of Grtr Boston Boston, MA | General Operating Support | $20,000 |
| Birthday Wishes Sudbury, MA | General Operating Support | $15,000 |
Ready to take the next step with Northern Bank & Trust Charitable Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $626,131 | $1,162,603 | $971,000 | $970,500 | 64 | $971,000 | $103 | $17,327 |
| 2024 | $434,528 | $1,052,316 | $832,850 | $830,500 | 45 | $832,325 | — | $8,004 |
| 2023 | $215,061 | $552,217 | $671,801 | $669,726 | 38 | $671,313 | — | $8,477 |
| 2022 | $334,645 | $302,227 | $477,307 | $475,380 | 29 | $476,855 | — | $16,597 |
| 2021 | $509,725 | $264,399 | $266,926 | $265,000 | 12 | $266,652 | $151 | $20,287 |
| 2020 | $512,252 | $722,100 | $572,626 | $570,476 | 32 | — | $1,852 | $31,793 |
Under IRS private-foundation payout rules, Northern Bank & Trust Charitable Foundation Inc reported a distributable amount of $17K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s filing lists affordable housing and shelter, ending hunger, community development, and financial literacy as focus areas. Its 2025 grants included organizations working in these and other fields. For example, Heading Home describes its mission as ending homelessness in Greater Boston through housing and support services, while Merrimack Valley Housing says it promotes homeownership opportunities for low- and moderate-income earners through training, counseling, and assistance programs.
Other 2025 grantees describe missions involving support for children in low-income or homeless situations, services for people with autism, and efforts to reduce poverty and foster equality. These are the grantees’ stated missions, not a separate statement of the foundation’s mission.
Grantmaking
In filing year 2025, the foundation reported 64 grants totaling $970,500. Awards ranged from $1,000 to $250,000, with a median grant of $10,000. The largest grants included $250,000 to Heading Home Inc, $90,000 to Nashoba Learning Group, and $60,000 to Boys and Girls Clubs of Woburn. Other notable awards included $40,000 to Dunkin Joy in Childhood Foundation, $30,000 each to Boys and Girls Clubs of Grtr Lowell and Merrimack Valley Housing Partnership Inc, and $25,000 to National Brain Tumor Society.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Mary Elizabeth Mawn Ferullo and Alicia J Mawn Mahlau as directors; James J Mawn as president and director; Francis Kenney as treasurer and director; and Michelle Arnold as clerk and director.
Northern Bank & Trust Charitable Foundation Inc is led by James J Mawn, President - Director since 2024 (on filings since 2020); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
James J Mawn
President - Director
President & Director → President - Director, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Francis Kenney
Treasurer - Director
Treasurer & Director → Treasurer - Director, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Michelle Arnold
Clerk - Director
Clerk & Director → Clerk - Director, 2024
On filings since 2022
0.5 hrs/week
No compensation reported
Alicia J Mawn Mahlau
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Mary Elizabeth Mawn Ferullo
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Former officers (4)
- Former: Alicia J Mawn-Mahlau (2020–2023) — Director
- Former: Mary Elizabeth Mawn-Ferullo (2020–2023) — Director
- Former: Katie Gatcomb (2020–2022) — Director
- Former: Donald Queenin (2020–2021) — Clerk & Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Northern Bank & Trust Charitable Foundation Inc
How much does Northern Bank & Trust Charitable Foundation Inc give each year?
Northern Bank & Trust Charitable Foundation Inc gave $971K across 64 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $831K across 45 grants.
What is Northern Bank & Trust Charitable Foundation Inc's typical grant size?
Northern Bank & Trust Charitable Foundation Inc's median grant in 2025 was $10,000, and its average grant was $15,164, across 64 grants on its 2025 IRS Form 990-PF.
Where does Northern Bank & Trust Charitable Foundation Inc give grants?
Northern Bank & Trust Charitable Foundation Inc gives mostly in Massachusetts: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (9 grants), Lowell, MA (8 grants), Woburn, MA (6 grants) and Newton, MA (3 grants).
Does Northern Bank & Trust Charitable Foundation Inc give general operating support?
Yes: 97% of Northern Bank & Trust Charitable Foundation Inc's 2025 grants with a stated purpose (62 of 64) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Northern Bank & Trust Charitable Foundation Inc's largest grantees?
Northern Bank & Trust Charitable Foundation Inc's largest 2025 grantees include Heading Home Inc ($250,000), Nashoba Learning Group ($90,000) and Boys and Girls Clubs of Woburn ($60,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($5,000), which are not listed by name. Together they received 41% of its itemized 2025 grant dollars.
How large is Northern Bank & Trust Charitable Foundation Inc?
Northern Bank & Trust Charitable Foundation Inc reported $626K in total assets on its 2025 IRS Form 990-PF. It paid out $971K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).
What does Northern Bank & Trust Charitable Foundation Inc fund?
The foundation’s filing lists affordable housing and shelter, ending hunger, community development, and financial literacy as focus areas. Its 2025 grants included organizations working in these and other fields. See mission & focus areas ↑
How do I apply for a grant from Northern Bank & Trust Charitable Foundation Inc?
The foundation’s filing says proposals must be submitted online through its Charitable Grant Application Portal. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Northern Bank & Trust Charitable Foundation Inc's EIN?
Northern Bank & Trust Charitable Foundation Inc's EIN (Employer Identification Number) is 46-1606139. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 27, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
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Cite this profile
Grantable. (2026). Northern Bank & Trust Charitable Foundation Inc funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/northern-bank-and-trust-charitable-foundation-inc-morg_7146db16a35c49c8976135af492ed81a
BibTeX
@misc{grantable_461606139_2026,
author = {{Grantable}},
title = {{Northern Bank \& Trust Charitable Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/northern-bank-and-trust-charitable-foundation-inc-morg_7146db16a35c49c8976135af492ed81a},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Northern Bank & Trust Charitable Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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